Boris Johnson replacement: Former Chancellor Rishi Sunak launches his bid to be Britain’s next prime minister

Former British Chancellor Rishi Sunak said on Friday he was running to replace Boris Johnson after Johnson announced his resignation as prime minister the previous day.

Someone has to grab this moment and make the right decisions. That is why I will be the next leader of the Conservative Party and your prime minister,” Sunak said in a campaign video posted on Twitter.

Sunak resigned as Treasury Secretary on Tuesday, one of two unexpected resignations that started a chain of events that led to Johnson’s decision to step down.

The rules and timeline for the contest to replace Johnson are set to be finalized by a party committee next week.

Sunak said in his resignation letter that it had become clear his approach to the economy had been too different from Johnson’s as the two tried to agree on next steps for the country.

He continued this theme in his candidacy announcement video.

“The decisions we make today will determine whether the next generation of Britons will have a chance for a better future,” he said.

“Are we facing this moment with honesty, seriousness and determination? Or do we tell ourselves comforting fairy tales that might make us feel better now but make our children look worse tomorrow?”

Boris Johnson’s potential successors at the helm of the Conservative Party are quietly beginning their leadership campaigns after the Prime Minister announced his resignation yesterday.

No clear favorite has emerged since the Prime Minister’s unusual resignation speech to No 10, in which he lamented the “eccentric” Tory revolt that eventually forced him to resign.

Deputy Prime Minister Dominic Raab and former Cabinet Secretary Michael Gove, who were described by a No. 10 source as “a snake” after hitting on Mr Johnson, have self-excluded.

However, it is believed that around a dozen MPs are preparing campaigns or soliciting support.

Crowded competition threatens to become similar”Crazy racessaid backbench Steve Brine.

Former Chancellor Sunak and former Health Minister Sajid Javid effectively launched their bids for the top post by resigning on Tuesday night. However, both contenders kept their heads down as the Prime Minister finally accepted that yesterday’s game was over.

Ben Wallace also remained silent, defending his decision to remain Secretary of Defense as “an obligation to protect this country.” He is a favorite among members and leads the Conservative Home’s online poll of party grassroots this week.

Trade Secretary Penny Mordaunt is also seen as a serious contender. The passionate Leave activist came in second to Mr. Wallace in this week’s grassroots poll.

Tom Tugendhat received a major boost over Jeremy Hunt in his attempt to win Tory moderate support when Damian Green, leader of the One Nation Caucus, endorsed him as the next Prime Minister.

Mr Green tells Sky news: “A fresh start with someone who is not in Cabinet and who is determined to restore the highest standards will be exactly what the country wants. You can bet Tom will run away.”

Mr Tugendhat, a remainer in the 2016 Brexit referendum and chairman of the Foreign Affairs Committee, was the first to announce his intention to run for the leadership with his statement in January.

Mr Hunt, the former Health Secretary who appeared interested in a second leadership bid, was silent yesterday.

Nadhim Zahawi is also believed to be considering a leadership bid, despite a whirlwind 48-hour appointment during which he was appointed Chancellor on Tuesday, before returning to Downing Street the following evening to tell Mr Johnson that his time had expired. Mr Zahawi has been “secretly” working with close allies of Tory electoral strategist Lynton Crosby for months on a possible leadership campaign, it has been said The times.

It is not yet clear whether Home Secretary Priti Patel or Transport Secretary Grant Shapps could throw their hats in the ring. The Johnson loyalists were also part of a delegation of ministers who left at No 10 on Wednesday night to tell the PM his time was up.

Foreign Secretary Liz Truss, a remainer in 2016 who has boosted her credentials with Brexiteers with her tough stance on protocol, broke off her trip to Indonesia yesterday, calling for “calm and unity” in the coming weeks. Tory ally Alec Shelbrooke said he will support Ms Truss as leader. “If I look at what we need to do to deliver the manifesto, get those Brexit benefits…Liz Truss will be the best person to deliver that,” the Remain activist said.

Steve Baker, the self-proclaimed Brexit hardman, said he was considering throwing his hat in the ring. When asked by TalkTV who would be in his first cabinet, the ex-Chair of the European Research Group named Mr Wallace and Mr Sunak.

It is believed that Jake Berry, head of the Northern Research Group, is also considering a bid for the leadership. Despite having been in Parliament since 2010, he remains an influential figure among many of the ‘Red Wall’ MPs who won seats in the North and Midlands in 2019.

There has been speculation that the admission of younger MPs in 2019 could result in an agreement on a “new generation” candidate. But an MP in the group said there is currently no plan for anyone to step forward.

Attorney General Suella Braverman told ITV Peton on Wednesday that she would put her name in the ring.

The Executive of the 1922 Committee is under pressure to reduce the initial field of candidates to two by July 21, when the House recess takes place during the summer vacation.

A husting process for members is expected to last around a month before a new leader is elected – and a new prime minister installed – in early September. (© Independent News Service)

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